the moviegoer joyce people chose the home of the great way who took the brunt imperial college told us to push her until you can a little chill close with her to see don't have to go and. run this in the kernel was her job as used to retreat. struggling to save the year i.e. you leaders are in brussels amaral measures to tackle the greek crisis while many say with the dad saf exam expressing its the very future of the civil currency of this day. and meanwhile the new troubles going to tire aspiring status from wanting to join is serbia from xstrata new prime piece to the hague is made to send a common member of the block. and investigations into the u.k. phone hacking scandal and tense i wouldn't even call political figures coming under scrutiny and public that's only the case brings down that it's.

a very welcome g. this is the line from a you need is a ballot in brussels for an emergency summit on hunger to come up with the promise cash for a second greek bailout but you have to make spreading with if you're in spain now showing the symptoms of serious debt a sense of impending doom fills the air she said ok sure. the single currency will be big within two years all analysts will be european but. there's a really very serious threat to the euro my to disintegrate and the goes on much collapse it's already too late to save the greek economy according to a majority of leading economists and experts hold see greece is really going down

the drain completely the depth is escalating the deficit is start totally out of control and i could give you the analogy but they were like somebody with a gambling problem or a drink. a drink but. it's a cultural thing so no we find ourselves with someone with a drink problem but with a huge debt as well and the problem will only ever get worse until you actually confront reality and say look they don't fit in the or as not going to fit together with germany in one single your politicians the richest states have big blue tooth refuse to foot the bill well i don't think i've ever met anybody in the united kingdom in london market stations who actually wants to contribute to the bilateral countries like greece and italy and contribute to the continued existence of a hero because i think it's a stupid idea to start with and it just struck the money down to try and get the

local those states to trigger a chain reaction greece believe investors can no longer to avoid quitting the euro that in turn will spalt the exits of toilet portugal even italy and spain they say ireland the board everybody said ok but that's going to stop there over the last couple of weeks we saw that also. spain over germany italy with germany started to go all europe's top banks hold billions of euro in greek and portuguese debt if those countries go bust they could lose that money we might see. the scenarios like a bank run. means that people will run to the bank in order to withdraw their deposits because they believe that the bank might not be able to pay them the euros facing an existential crisis admits german chancellor angela merkel but the head of europe's biggest economy falls they still might not find a compromise at the brussels summit that's raising tensions across the globe not

indeed all of them three times those at the moment the most visible the most obvious is clearly the euros or problems but on the other side of the atlantic you have the u.s. economy rather than the session with very weak economic figures and suffering as well e.u. leaders could stand the test warrant for the single currency here at the summit if again they fail to do a deal and halt the spreading your of experts fear public panic will take over denying them control. see brussels. well i'm not going fly by hugh senior research fellow at the school could be institute for emerging markets in beijing to discuss china's perspective on being crisis card holding documented thanks for being with us here on r.t. and there were reports that he took from seven hours the anglo american and nicolas sarkozy to reach an agreement on how to deal with the greek debt is this likely do you think to lead to a political group maybe. sorry i didn't catch your

question so my question was put it all to be a huge amount of time to call and the french president to reach an agreement on how to deal with greek debt do you think that this point towards a potential political wreck. well yeah political negotiations are always difficult to see the negotiation process won't be easy but i think the leaders realize. how to make a deal must be rich saw. some kind of deal. further. budget caught by another austerity marius must apply to two degrees to the greek government and also. across the european union more comfort support. a member conscious budget situation won't be

included saw i want to see well. i'm not a very pessimistic about. you now but president of the year a group said the new bailout for greece could still mean a partial to fold to you does this sound like the small tremor before a big earthquake. i want to see if bought but i want to see some kind of a restructuring is possible. if one member country before it's in doubt let me trigger chan reaction so that the so existence of your and me actually be a problem so i won't see there will be a before restructuring is more likely so but the restructuring is already a big thing because that always means significant losses to the creditors including

the other member states in european union. china i mean a lot of the creditors will suffer so so that is already a significant risk for you must as across the water and why you will view is this happening at all wouldn't it make more economical sense for countries i spend more than a can afford just to default so rather than revert to their own currency to solve their own problems. i think. in the into think a structural problem with the design of the european union. is not. unified conscious. member of a number of member states here so it's hard to discipline each individual independent elements in terms of government spending. politicians tend to spend walden the can collect that is always so if there is no

sufficient discipline in place then this is serious and will come up again. currently q i see the research fellow at the school could be institute for emerging market studies in beijing many have speaking to us in stock today. it's my pleasure . well turning from countries causing trouble for the european union's other still hoping to join in serbia is expecting progress on its integration base following the arrest of crime suspects. that it remains a key hurdle to membership still need clearing how it should may be exercised. is in the serbian capital belgrade with more for us what's the mood among the public in belgrade is the desire of the politicians matched by the man on the street well whilst the government's very much looks to the west the public opinion

actually goes quite significantly now the last time i was in both grade at the end of last year i spoke to the deputy prime minister here now to why there's still such a government drive to this membership and he said that they really see this as a chance the serbian people to have a quote a normal life well the people here in serbia only have to look at what's happening right now in greece in spain in italy to see quite clearly even if it is not going to be the answer to all the country's problems now add to that that they're also very disillusioned with the government's policies and the way that they've handled this whole partnership and dealings with the e.u. they feel the serbia is being made to jump through hoops and it was their feeling all these demands that are put on them by the this thing which very little in return as you can hear from some commentators now you. will get into what used

against nothing whatsoever. got many many more hoops to jump over before you can get anywhere close to. the ship. now remember that the e.u. has always linked. membership with the full cooperation with the hague and we've already heard from president palet that he feels that they have felt the moral and legal obligations to the hague so it's going to be very interesting not see with this latest arrest that had it whether or not the e.u. thanks as well not just the words but with actions that it's it seems that with the arrest serbia really has called brussels bluff. many fans. are reporting from belgrade. more ahead for you this hour including a timer to say goodbye. to tell me i mean as grown as

a result of the u.s. presence in southern afghanistan we get expert opinion on how the pullout of u.s. troops from the country could improve security. just imagine this peace is a vote for the heart billion years old on your space or wrong but is it cosmic. see to profit league school with miles behind the meteorite fever this is spreading in central russia. investigations into the phone hacking cases rocking the u.k. a growing by the day with ever more questions being asked of key figures in political media and in these circles as the scouting intensifies its impact threatens careers across the board. of how the case intends to haunt not just rupert murdoch but the prime minister david cameron as well. tumble. i'm enjoying this so. who will survive the phone hacking scandal and keep

his job cameron comes under fire for hiring andy cools and former editor of the now defunct news of the world he's accused of encouraging his staff to hack into private voice mails there's been a large amount of fingers in ears and just a kind of heads in the sand and that is lethal for a prime minister and he's now in a real fights isn't a real really bad situation he could well be looking at some serious consequences for himself at the very least. around the betting shops of slack the odds on cameron being the next m.p. to quit backing they are one hundred to one at the beginning of the week that just five to one three days later in the last two weeks or so we've seen a lot of money go on camera securely the last forty eight hours when the. committees have been going on behind us and we've seen cameron over the last few

weeks fall from one hundred to want to be the next cabinet member to leave forty one year state and he just slightly crept up again to five to one today as a result of his statements in the house where we thought he gave quite a good performance on choose day it was murdoch's turn for a close shave attacked by a protester with a pie and saved only by his wife's right hook despite profuse apologies to victims of his own newspaper's unethical behavior he had no intention of stepping down himself. to canada so what's less clear is whether david cameron remains the best person to lead britain out of this crisis of confidence he hired police and who in turn it was later revealed was being advised by another eight cities of the world hack neil wallis if that wasn't enough he was simple asleep taney. working for the metropolitan police politicians and police under fire for cruising up to the looting with the murdoch empire and in the willingness of

cameron archrival age miliband is liberating up to step into the ring was so that the country can have the leadership we need why why doesn't he do more why doesn't he do more than give us our apology and provide the full apology now by hiring mr colson and bringing him into the heart of downing street. commentators say the prime minister came out on top in wednesday's round in the house of commons we like each grilled by these over his relationship with new school but the fight is far from a once you know. he is damaging for grace he was he was going to go and there's a limit right into the camera because none of that sort of damaging political issues that would actually stop him this scandal has forced resignations all round top executives at news corp and the u.k.

has two most senior police officers many are asking why the prime minister shouldn't be next for a knock out david cameron promised a full some apology if it turns out and he calls and like to him about his involvement with phone hacking but some say that won't be enough when it's over and we are a long way from that it's far from clear who can survive the ground still to come and remain at the top of the media the police and the government will read it all to. new. based radio host drop us have a seed of unease rupert murdoch stays at the top of his media empire on numbers and his political ambition and his downfall. i would be shocked if he is still at the helm of news corp in the next couple of months and i think we're going to see actually a reversal of this i mean murdoch was in many ways a throwback in. professor jay rosen at n.y.u.

as as basically said that this was not a a new company it was a media company that has a news division that essentially functions as a lobbyist as a lobbying arm for that media. and i think murdoch wanted a little power but it was and i suspect that anybody who takes over from murdoch and we don't know who that will be but i'm sure there will be somebody will see this this pursuit of political power just for the sake of political power to be antithetical to running a good business. plenty more spines along websites including the latest news blogs an expert analysis is what's on the line for you right now as. i do live free with the difference in the lion's den is zero does and it's to spend five weeks for confoundingly of eight counts and none of it will be then these plants.

passions run high and say he has bags dozens of glamorous contestants put on the high heels for one hundred meter sprint find out what prize the girls were chasing on a website a call. the security handover in afghanistan has begun with responsibility for the first these regions being transferred from nato into the hands of local forces the whole transition process and scheduled to last until twenty fourteen about the remaining foreign troops in afghanistan will only be in support roles such as training local police violence recently signed in the country with insurgents targeting being handed a fact but that's how i'm going to be saying there's a fight on foreign forces gone according to take to look past afghan a little better and men. we think afghanistan. the taliban has grown as a result of continued u.s. presence in the southern afghanistan so by the u.s. leaving you're going to see the taliban basically not want to fight as much because

they're paid to be fighting it's afghans you're going to see an afghan peace process take place because afghans generally speaking don't want to silly fight with each other they just simply want to live in coexist for the most part as the taliban comes into the peace process comes into the afghan government the taliban will begin to reconcile itself with the population and become more congenial simply because it has to if it wants to be taken seriously by the population generally speaking that afghans are better off with governing themselves without the united states of coalition courses providing security for them because as we've seen we have unintentionally killed a lot of people and i think that we would be foolish to sit here and think that the u.s. is leaning we're not leaving there will be permanent u.s. involvement in nato involvement for a long time. elsewhere across the globe the u.s.

has announced it will send aid to come and hit somalia but only here for sure in the forty's way behind it is a particular islamic militant controlled areas the u.n. is the state of famine in southern somalia when nearly four million people in danger of selfish and devastation drought as the crisis and the worst of it the decades it's estimated the stricken country needs in one of the home they leave us dollars in. atlanta this is. the very last round of court night in libya's tar sound brings to an end to her c.d.'s and station. lunches is the last shuttle girl you know and it's written on display at the kennedy space center any fusion surgery i do restaurant and over to the international space station will rely entirely on help from russia. again i'll sometimes you have to dig quite deep to reach for the stars but at least that's the case in central russia the design region where me tried fever has spread in recent

years artie's exam a boy who jumped at the chance to capture porn star. they don't believe in aliens so the time machine but they do spend most of their time looking for extraterrestrial matter that will take them billions of years back in time most meteorite hunters in russia do for profit but some still see it as their way of speech hiking through the galaxy. this is the oldest matter you can hold in your hands there is a theory that meteorites are part of planets core just imagine this piece is about four and a half billion years old what you're anthem this valley about three hundred kilometers east of moscow is the latest pitstop about ten thousand years ago the local fields to have a pounding from an irish hour creating the most fertile meter in the ground in central russia a discovery nine hundred dollars and it was a pure accident these days here if you get used to talk it out with the draining

off the excavators left a local resident was passing by you know just a rather strange broken picked out of the rock lay idly in his palm for two years until the surprise graham got meteorites on t.v. and sent it in for testing. the internet you years about the tons of meteorite material was discovered here some would be unlikely there out of digital nation but he's honest us he's the only dog in russia trying to hunt for rocks from other planets in many ways meteorite hunting is a lot like gold digging you have to spend weeks in the wild hoping for stroke a flaw but in today's prices searching for these accidents are restaurants can be well profitable don't even be good old gold fever marcia know lou when i meet her rights which are in high as the money can cost two or even three times the weight in gold the biggest findings usually gravitate to the knotted states and western europe when mostly to right laughter as

a base and about russia got the law actually where the facts are correct for the rocks ten percent of their value of much betrayed to bestow. still some delusion to try and dodge the need to write tax this more time on halt was uncovered earlier this year at a moscow airport on its way illegally to the czech republic. their fallen stars but others meteorites are increasingly becoming a brazing hard. ok searching for the schools to send us about twenty minutes away to discover how. to pay cool in the hot sun a song on the and how could i just take a look at how these would be the best time in the skills to the task the feel if you travel panels of kilometers it's a mess about on the water of moscow in an activity that's rough. here in russia. on the south and much more of course in all sports grounds are. a must for that

let's circle the trip down the serious sort of business which beaches are. i was you know warm welcome to business it's a minority shareholder of preparing a lawsuit claiming billions of dollars in damages over b.p.'s failed bid to partner in arctic exploration shareholders of one of the russian court ruling ordering papers surrounding a multi-billion dollar deal to be revealed this will allow them to evaluate the damages b.p. and rosneft failed to strike a deal this spring is to make a b.p. shareholders claims b.p.'s russian joint venture should be the primary vehicle for exploration in the arctic. growing out of the skies the issue is you and i vary from course but. it isn't much for being with us so this ruling that we've just heard about does this really make way for a big lawsuit claiming damages one would hope not so i mean this is a nightmare for b.p. isn't it you know they've just pulled out of the deal with us now if they think

that their troubles are over in russia and now this pops up so we'll have to see you mean you would hope it's just speculative you hope there's nothing in it if you work for b.p. you know i think so. yes but anyway do we have grounds to actually claim claim damages well it's not it's not clear at this stage all the cotton side here is said is look they they have the right to get further evidence and to see what's actually happened so at this stage it is just checking and verifying they have actually brought paper damages yet as we understand what can they find in these documents that they're demanding be revealed but what they're saying essentially is that b.p. . has ruined valley for them that the deal should have been through the b.p. vehicle and that if it had been done then there holding in that vehicle would have been greatly enhanced they made a lot more money so that's basically what they're claiming is these financial compensation what about the the fact they're b.p. potentially knew there was this shareholder agreement and the circulation was that

they had to go with fruit with all that with all of its aeration. i mean clearly there's a bigger dispute here there's a bigger issue i mean people will say yes we knew about it that's why we made the deal conditional we try to satisfy that condition we were able to therefore the deal fell away i think the claim is suggesting that you know there's been something that's that's been wrong big effect and that's what we have to see so right now lawyers of representing the minority shareholders are saying damages could be five to ten billion dollars. well it sounds a bit steep from where i'm sitting and again we'll have to see we'll have to see what evidence comes out but to my mind it's really very hard for them to really establish that there's been something that's been numbers from wrong and that's led to that sort of sort of a financial loss why my suspicion is this is all part of a commercial negotiation trying to get something. or what kind of resolution the urge to speak to i mean we've heard that he was trying to buy all the russian

shareholders of people that apparently failed what happened although i mean again this is a nightmare for b.p. isn't it you know they they think they've settled their problems in russia and then it pops up so they will have a jewel strategy they would have sat down with their lawyers and they said publicly we will attack this we will defend this we refuse privately maybe a settlement can be done that's what they will get rid of this if they can't at a reasonable one final thing i want to clear out the world does this mean the minority shareholders clean b.p. representative anthony cero and richard scott sloan made it impossible to give you . a little bit strange isn't it we don't really know and i think that's the purpose of the decision of the siberian courts is that they've now got the commission to get further evidence so they'll have to see it doesn't add up from where i'm sitting but you know. why these two people all i think they were saying they were the key officers at the time that they would be responsible for the actions and the decisions i think that's the reason they've been listed as we'll see it took to my

mind it seems a bit overstated you know every partner of the. summer they bring with us. so move to the markets if we have time first of all to look at crude and it's been a volatile day actually a drop in u.s. push oil but reports of a contraction in chinese manufacturing pulled it back down what we're seeing right now light sweet decline of thirty seven cents a barrel brant sixty five. european markets are also in the red this sort of gains as chancellor merkel and french president sarkozy agreed on a joint approach to greece's debt crisis ahead of today's summit spots that we're seeing right now is of putting down a third of a percent blacks one fifth of a percent and here in moscow was slowly moving out of negative territory the markets are flat this hour thea's down by just a notch as is the nice x. this is as retail sales accelerated in june as take a look at something an individual movers on the my six energy shares not really

benefiting from this decline in the crude oil gas from their four down point four percent burbank has been pretty volatile past couple of sessions down one percent this hour bucking this trend last telecom that's also a very volatile stock it's a reading on speculation it could be completely sold to private investors and the previous session we saw five and a half percent of the stock and we will be back in fifteen minutes with the headlines.

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